Capital market stocks came under pressure on September 24 following reports from CNBC-Awaaz that SEBI has initiated consultations regarding the possible removal of weekly options expiry. Citing sources, the channel said SEBI has begun discussions with major brokerage firms, requesting them to submit written suggestions. The regulator is expected to engage with other stakeholders, including stock exchanges, before releasing a formal consultation paper.
On the same day, the Nifty Capital Markets index declined by 1.4%, ending at 4,247. Key laggards included Anand Rathi and CAMS, which fell 3% and 2.7%, respectively. IEX and CDSL also dropped 2.58% and 2.38%, while BSE shares closed 2.4% lower at ₹2,072. The broader market sentiment remained weak, with benchmark indices registering their fourth consecutive session of losses. The Sensex declined 386.47 points (0.47%) to 81,715.63, while the Nifty dropped 112.60 points (0.45%) to 25,056.90. Market breadth was negative, with 2,445 stocks declining versus 1,535 advancing.
Earlier, on September 12, SEBI Chairman Tuhin Kanta Pandey confirmed that a consultation paper on the weekly F&O expiry issue would be shared once prepared.
